In these scenarios, Meta would give some employees new roles and lay off others. One HR executive reportedly said that Meta would have reduced its headcount by about 25 percent or more under these scenarios. Meta told Reuters that it canceled Project OT before determining how many layoffs the plan called for.
Meta was going to use some of the money that it saved from layoffs to pay for high-performing employees, especially those with AI engineering skills, Reuters reported, citing “two people familiar with the matter.”
“AI native”
One of the Project OT documents that Reuters reviewed described “AI native” as a company where “AI-ready tools and agents interact,
→ Continue reading at Ars Technica